Adhesive Films - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Adhesive Films Market is accounted for $65.12 billion in 2020 and is expected to reach $117.87 billion by 2028 growing at a CAGR of 7.7% during the forecast period. Growing e-commerce, pharmaceutical, and consumer durables industries, growing consumer demand for product information and increase in product efficiency, customer service, and advanced technology are driving the market growth. However, volatility in raw material prices is hampering the growth of the market.
Adhesive films are sheets, films and tapes which has a coating of adhesive or glue on one or both sides. These are drawn from materials like polypropylene, polyvinyl chloride, or polythene and most likely to use for joining two or more materials together. Adhesive films are mainly used in the electrical and electronic industry to retain the protective insulation wrap, warning labels and information labels. These are applied in the form of tapes, graphic film and labels. Moreover, its application has increased in the packaging industries. Adhesive films are mainly used to increase the safety of packaging material.
Based on the application, the labels segment is going to have lucrative growth during the forecast period owing to increasing urban population, demand for pharmaceutical supplies, increasing consumer awareness, and growth of the e-commerce industry. By geography, Asia Pacific is going to have high growth during the forecast period due to large population in the region.
Some of the key players profiled in the Adhesive Films Market include Bostik, Mitsubishi, H.B. Fuller, Eastman, Ashland, Dow Chemical Company, BASF, MasterBond, 3M, Kuraray Company, Avery Dennison, Hexcel Corporation, Henkel, Adhesives Research Inc. and Huntsman.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
Tables, Graphs & Figures
Adhesive Resin Type, Film Material, Technology, Application, End User, Distribution Channel and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
Adhesive Resin Types Covered:
• Cyanate Ester
Film Materials Covered:
• Polypropylene (PP)
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polyvinyl Butyral (PVB)
• Other Film Materials
• Electron Beam (EB)/Ultra Violet (UV) Cured
• Hot-Melt Adhesives (HMA)
• Pressure Sensitive Adhesives (PSAs)
• Solvent-Based Adhesives
• Water-Based Adhesives
• Graphic Films
• Protective Films
• Specialty Films
End Users Covered:
• Electrical & Electronics
• Consumer Goods
• Other End Users
Distribution Channels Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Adhesive Films Market is majorly driven by growing e-commerce, pharmaceutical, and consumer durables industries, growing consumer demand for product information and increase in product efficiency, customer service, and advanced technology.
The labels segment is growing at a highest CAGR owing to increasing urban population, demand for pharmaceutical supplies, increasing consumer awareness, and growth of the e-commerce industry.
North America dominated with a significant market share due to the factors such as soaring demand for packaged frozen products in the U.S. and Canada, presence ofleading companies in the wake of demand across the medical sector.
Asia Pacific market is growing at a highest CAGR owing to the large population which is an important driver for industries such as packaging, electronics, construction, and transportation over the next two decades.
Key players in Adhesive Films Market include Bostik, Mitsubishi, H.B. Fuller, Eastman, Ashland, Dow Chemical Company, BASF, MasterBond, 3M, Kuraray Company, Avery Dennison, Hexcel Corporation, Henkel, Adhesives Research Inc. and Huntsman.
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